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How To Determine If You Need An Art Appraisal

Art Appraisal Resources

Many insurance companies require a professional art appraisal to determine the appropriate coverage and premiums. An appraisal helps establish the artwork's current market value and ensures that you have the necessary documentation in case of loss, theft, or damage.

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Fine Art Insurance 101

Fine Art Estates

Three Insurance Experts Explain the Intricacies of Insuring Your Art Collection I am often asked by clients if they should cover their art under their homeowner’s insurance (HO) or if they should investigate insuring their art with a separate fine art collectors’ policy.

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need an insurance appraisal update?

Drishti LLC Appraisers

A well-trained art appraiser is able to identify and document damage, or confirm that the artwork is not damaged. Furthermore, a fine art appraiser will document details, such as a blindmark, that may be overlooked by a general appraiser. Similar to investment markets, the market value of artwork fluctuates over time.

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Insurance: Protecting Your Collection

Art Peritus

Today, major insurers are well-versed in protecting collections, some offering policies specific to the type of items collected. Most standard policies will not provide this degree of specific coverage. Many fine art policies will even cover market fluctuations, protecting collectors up to 150% of the scheduled value.

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Insurance Appraisals: Safeguarding Your Art Assets

JSK Fine Art Appraisals

Accurate Valuation for Adequate Coverage: The art market is dynamic, with values fluctuating over time. Regular insurance appraisals guarantee that your coverage accurately reflects the current market value of your artworks.

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Insuring and Valuation Updates in more Dynamic Markets

ValuePros Appraisal Services

By Ray Nugent Fine Art Insurers require more frequent valuation updates for Fine Art items than other less dynamic markets. The term “dynamic” is used to indicate the frequency of market events that influence market values. Coverage is relatively affordable.

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How to Find and Choose and Antiques Appraiser Near You

Penrose Appraisals

A professional appraiser is one who has received training and area certified in the accurate assessment of value, authenticity, condition, and other important aspects of antiques, fine art, and other personal property. Market value determination.